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the big pot is defense spending. we spend trillions on defense. federal pension that is 22 percent of the federal budget. we give pensions to members of congress and lt's look at that and look at entitlements and look at the big honey pot and the big spending. >> i am all with mark in bringing down the pensions of the politicians. here are the facts, in 2009, we had a stimulus spending. 800 billion extra from 2008. guess what, it never stopped. it was supposed to be a one stop 2010 and 11 and 12 we have maintained the extra spending in a time when we had cut back on military spending. >> absolutely. >> and that is increasing and guess what, that adds up to the deficit, right? >> david, the problem is deeper than wh you are describing. this goes back decades. when you look at entitlement spending over the last half century, it has steadily crept up four percent every year and that includes adjustments for pulation growth. so what then? you increase taxes four percent every year? that is absurd. at some point we need both parts to come together and
the big pot is defense spending. we spend trillions on defense. federal pension that is 22 percent of the federal budget. we give pensions to members of congress and lt's look at that and look at entitlements and look at the big honey pot and the big spending. >> i am all with mark in bringing down the pensions of the politicians. here are the facts, in 2009, we had a stimulus spending. 800 billion extra from 2008. guess what, it never stopped. it was supposed to be a one stop 2010 and 11...
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it's not that the defense budget can't be cut. we already mandated 500 billion in cuts over ten years. this is another 500 billion meing roughly, next year, starting in january, another 58 billion in 2013 comes out. that means we're going to have a major impact on our readiness, and that's always considered to be the third rail. you touch readiness, our ability to fight, the morale of the troops, weapons, systems, ammunition, and capability of carrying out the mission. it's not that defense can't be cut. it's not how much you spend, but how you spend it. you start taking across the board cuts, that's december -- decimating the logic of funding the strategy. neil: i know you work hard in your career, senator, to be bipartisan about this, served as a publican and democrat in the administration, but many say republicans signed on to this, and, you know, as part of this fiscal backup to a backbone, this was going to be it, and they aggeed to it, and now they are whining about it. >> they signed up feeling the congress would be so conc
it's not that the defense budget can't be cut. we already mandated 500 billion in cuts over ten years. this is another 500 billion meing roughly, next year, starting in january, another 58 billion in 2013 comes out. that means we're going to have a major impact on our readiness, and that's always considered to be the third rail. you touch readiness, our ability to fight, the morale of the troops, weapons, systems, ammunition, and capability of carrying out the mission. it's not that defense...
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industry, defense industry alone is looking at hundreds of thousands of job cuts next year with nos mandatory cuts go into effect. i'm not saying they are. so it's both cutting and taxing, we're too focus on the tax. bottom line, the government takes it out of the system cutting and raising taxes and the small or deficit. that means that people are going to be out of work, almost by definition in the short run. but in the long run it's a healthier economy that doesn't go down the path of greece. if the long run greece would have low unemployment, but they do not, but yes, we're going to go a percent, if it happens the worse case scenario, but in five years we won't be not able to borrow money. >> brenda: julian, you can go ahead and respond. >> first of l, the ernst & young study has been debunked over and ov. and number two, the bush tax cuts, if you let the bh tax cuts. the crs study was a republican study and found the same thing as the cbo. if you let bush tax cuts expire on everybody, yes, you would have negative economic impact. the two staetudies done recentl shows the top tw
industry, defense industry alone is looking at hundreds of thousands of job cuts next year with nos mandatory cuts go into effect. i'm not saying they are. so it's both cutting and taxing, we're too focus on the tax. bottom line, the government takes it out of the system cutting and raising taxes and the small or deficit. that means that people are going to be out of work, almost by definition in the short run. but in the long run it's a healthier economy that doesn't go down the path of...
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the foundation for defense of democry joins us he in moments. the unemploymt rate drops. so did the number of worers in the labour force. we will be taaking abouthis economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. can i help you? i heard you guys can ship ound for less than the ups store. thas right. i'vlearned the only way to get a holay deal is to camp out. you know we've been open all night. ithis a trick to get spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedexffice. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional pr
the foundation for defense of democry joins us he in moments. the unemploymt rate drops. so did the number of worers in the labour force. we will be taaking abouthis economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. can i help you? i heard you guys can ship ound for less than the ups store. thas right. i'vlearned the only way to get a holay deal is to camp out. you know we've been open all night. ithis a trick to get spot? [...
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at this is as a conservative, defense is 16% of the budget. other 84% gets half a trillion, defense getting half a trillion. the democrats are welcoming this to happen. >> the guy who ran second to mitt romney, many argue now with -- i think this is -- republicans are running with tail between their legs, and they are a lighter blue. >> they are referred to as cheap democrats. neil: you are persona nongratta now. or party we knew is gone. >> i'm hoping that is not the case. i'm hoping we'll have new members come in. and you know, we -- just sawaw , i got involved in not a fiscal thing but it had to do with a u.n.reaty that the left's to s to hoist on u.s. that thing was going to pass, we got involved, an organization that i run, patriot voices, we stirred up the pot, got people to pay attention. neil: you are a force, you are a very commanding force it would be in upper tier of perspective presidential candidate. >> i appreciate, that but point is, i do not say that to pat our organization on the back. neilback. >> i want voices of america to
at this is as a conservative, defense is 16% of the budget. other 84% gets half a trillion, defense getting half a trillion. the democrats are welcoming this to happen. >> the guy who ran second to mitt romney, many argue now with -- i think this is -- republicans are running with tail between their legs, and they are a lighter blue. >> they are referred to as cheap democrats. neil: you are persona nongratta now. or party we knew is gone. >> i'm hoping that is not the case....
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read dowdy representing the defense. they are up by three in this game. even if you lose, the defense is still doing well but of a got confidence in you. >> he is from baltimore. i see what you're trying to do. you're trying to even the score but that's okay. >> maybe i'm trying to help the offense out. chris chester representing the o. you think you'll do well because you used to play with the ravens. >> it's been a while but i spent a lot of time there so i still may remember a thing or two. >> reporter: let's do it. first down. this is such a cake question. what is the large of the city in maryland. >> baltimore. >> going to give that to reed. >> that was pretty easy. >> that was cake. >> reporter: second down, there are three downtown areas along the port. the inner harbor, sells point and the italy. which was featured in the movie sleepless in seattle. >> south point. >> reporter: santana moss played at the u with this -- >> ed read. >> i had it. but too slow. >> reporter: fourth down. you need this to stay alive. cal ripken
read dowdy representing the defense. they are up by three in this game. even if you lose, the defense is still doing well but of a got confidence in you. >> he is from baltimore. i see what you're trying to do. you're trying to even the score but that's okay. >> maybe i'm trying to help the offense out. chris chester representing the o. you think you'll do well because you used to play with the ravens. >> it's been a while but i spent a lot of time there so i still may...
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>> yes. >> australian defense minister. whatever you down there. is warning people, dent use apple maps. it could be fatal. some people got lost in a national park. >> right. giving incomplete instructions. >> right. left at the dingo, right at the crocodile. they were getting stuck. australian police said don't use apple maps, they are dangerous. which is just bizarre. >> it is bizarre. feels like it is a little dire. in terms after warning. >> yeah. if you're under a national park in the outskirts, you're not in the hard streets of melbourne. >> people get lost in those national parks all the time. i get lost in them. follow the national dingos. follow the ants. they are going to water. >> maybe the dingo ate your lunch. >> i'm stopping there. >>> there is a concern that apps aimed at kids may track and store information about them without letting parents know. julia has been following this story for us from los angeles, and she is a mother also. julia, tell us more. >> well, mandy, the title of the fdc's new report says it all. the report is cal
>> yes. >> australian defense minister. whatever you down there. is warning people, dent use apple maps. it could be fatal. some people got lost in a national park. >> right. giving incomplete instructions. >> right. left at the dingo, right at the crocodile. they were getting stuck. australian police said don't use apple maps, they are dangerous. which is just bizarre. >> it is bizarre. feels like it is a little dire. in terms after warning. >> yeah. if...
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. >> let me ask you this, in defense of the product -- in defense of the card, if you drink starbucks every single day, this covers you for half a year. >> ten weeks. well, if you do a latte a day -- >> did you do the math? you're so smart. >> speaking of rain man. >> what's the conclusion? what do you get? >> ten weeks of coffee, that's not enough. >> that's what the conclusion is. >> and i want the other $50 too. >> yes. >> you're spending the money anyway and get all the privileges. >> oh, the privileges. >> that's fantastic. the privileges. >> and did i -- >> look at our pearl lined toilet because you have the steel card. >> you do impress the ladies when you have that card, though. >> do you really, though? >> if you're taking your date to starbucks. >> all right. we've got to get to our take three because we have a special guest on the phone. we've seen a lot of these around the holidays where people light up the house and put music with it. let's watch this from idaho. >> oh, my god. >> is the music emanating from the home? >> no, it's on a radio station. >> you just see the li
. >> let me ask you this, in defense of the product -- in defense of the card, if you drink starbucks every single day, this covers you for half a year. >> ten weeks. well, if you do a latte a day -- >> did you do the math? you're so smart. >> speaking of rain man. >> what's the conclusion? what do you get? >> ten weeks of coffee, that's not enough. >> that's what the conclusion is. >> and i want the other $50 too. >> yes. >> you're...
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. >> i was talking to a defense analyst the other day. he said the problem with all of this is the fact i'm worried about my 9-year-old. i'm worried about my 15-year-old. they're going to be paying unbelievable tax rates because we are dumping all of this on them. so on the one hand, yes, it looks like -- he looks a little crazy in this. a little goofy. at the same time, he's appealing to kids because, guess what? it's on you, kids. >> and you know what? i'm thinking that generation is not listening right now. they're not paying attention. >> when they pay the tax rates at 90% or 75% like france is doing, they'll listen. thanks, alan simpson. >> we applaud your efforts there, senator. good job. all right. we'll come back with the closing countdown. market still losing altitude. up just 94 points. >> after the bell, he said there will be no fiscal cliff deal without higher tax rates. find out if treasury secretary tim geithner thinks going over the deal is a better option than compromising on revenue. he joins us at 4:00 p.m. eastern. you'
. >> i was talking to a defense analyst the other day. he said the problem with all of this is the fact i'm worried about my 9-year-old. i'm worried about my 15-year-old. they're going to be paying unbelievable tax rates because we are dumping all of this on them. so on the one hand, yes, it looks like -- he looks a little crazy in this. a little goofy. at the same time, he's appealing to kids because, guess what? it's on you, kids. >> and you know what? i'm thinking that generation...
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there is a defense between taxes that are forced and lotter which i it. >>> and i think the point. >> there is no way. if you make it vuntary. >> i can't hear anybody! >> and the bigger point here, you got to start somewhere. anybody who comes wup a solution. if it doesn't cover the full pad they slam it down and they say it will not work it is all about the baby steps. we are so screwed up. >> i disagree with that. >> a two dollar lottery. why is it ridiculous julian. >> you are talking about raising billionsnd we have to raise four trillion. >> that's not the only thing to do. >> it is it nolt. we'll not have a cookie today because i am trying not lose five pounds for the moll day. >> it is not funny. the fact of the matter we are taking big steps this is between two or three trillion debt reduction package. it is significant things. we are nolt dealing with serious other thans right now. we are throwing big nbc out there. three trillion over three years and why not hundred years and call it 30 trillion. we are not making a team it is not making a dent. >> wayne, i know you are a hu
there is a defense between taxes that are forced and lotter which i it. >>> and i think the point. >> there is no way. if you make it vuntary. >> i can't hear anybody! >> and the bigger point here, you got to start somewhere. anybody who comes wup a solution. if it doesn't cover the full pad they slam it down and they say it will not work it is all about the baby steps. we are so screwed up. >> i disagree with that. >> a two dollar lottery. why is it...
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we've got defense cuts, about there's $4 trillion, documented numbers spent to defeat our enemies, who aso is that coming. how do you cut that budget. >> maybe to corporate's point, if you accede to the president on tax hikes, then you shift the debate purely on, okay, we've given, let's focus on the spending side. >> it's dangerous. spending side means -- >> they need to compromise that's actually worthwhile. >> if you raise taxes, you lose in the republican primary, and if you cut benefits, you lose everywhere, no matter republican or democrat. everybody knows that. dic dicey. >> running for higher taxes? i mean, look, i'm not pro -- i think that frits van paasschen who has a big bet on china, he laid it out. he said we need both. i was listening to cody from honeywell, it's a dangerous position to want both tax increases and entitlement cuts. i hear very few politicians wanting to do that. >> speaking of china, by the way, mostly upbeat data out of china. 10.1% in november, strongest since march. exports rose at a weaker pace. the planned resignation of italian prime minister mario
we've got defense cuts, about there's $4 trillion, documented numbers spent to defeat our enemies, who aso is that coming. how do you cut that budget. >> maybe to corporate's point, if you accede to the president on tax hikes, then you shift the debate purely on, okay, we've given, let's focus on the spending side. >> it's dangerous. spending side means -- >> they need to compromise that's actually worthwhile. >> if you raise taxes, you lose in the republican primary,...
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his name is michael farris with the home school legal defense association. one of the groups that lobbied hard against this treaty. here's what he said in a radio interview for the american family association. >> the definition of disability is not defined in the treaty, and so my kid wears glasses. now they're disabled. now the u.n. gets control over them. >> the idea that the treaty would give the u.n. vast control over the american children's lives and take away kids with glasses from their parents is just factually incorrect. it's just not true. in july, testifying before the foreign relations committee, former u.s. attorney general dick thornburgh pointed out that kind of stuff is just not true and wouldn't have an impact on u.s. law. mr. thornburgh is a republican. he's also the father of a disabled son. he joins me now. mr. attorney general, i appreciate you being here. the crux of the senator's argument really seems to be just because u.s. law hasn't ever been affected by u.n. treaty doesn't mean it couldn't happen some day. he says under article 6 o
his name is michael farris with the home school legal defense association. one of the groups that lobbied hard against this treaty. here's what he said in a radio interview for the american family association. >> the definition of disability is not defined in the treaty, and so my kid wears glasses. now they're disabled. now the u.n. gets control over them. >> the idea that the treaty would give the u.n. vast control over the american children's lives and take away kids with glasses...
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you will see more of that not only for self-defense and some protection but a lot of people are worried about our government, worried about the fiscal situation, they see a lot of instability and they want to protect themselves. stuart: one more topic, the sec slapped netflix with a violation of for a facebook status. scott? netflix posts something on facebook instead of making a formal declaration. the sec doesn't like it. all the problems of being a publicly traded company. you are private. >> wear private. i would never go public. as a privately held company we deal with regulation and reasonable regulation is needed in any financial services business but to go public and make a statement on facebook, the sec is standing there waiting when you are a public company for you to trip. they found this as a trip for him to make this statement on facebook and facebook is a public forum. stuart: when you don't want intrusion. >> i don't want intrusion. stuart: when you don't need to raise the capital to risk going public. >> we are private company and well funded and can't be purchased. life
you will see more of that not only for self-defense and some protection but a lot of people are worried about our government, worried about the fiscal situation, they see a lot of instability and they want to protect themselves. stuart: one more topic, the sec slapped netflix with a violation of for a facebook status. scott? netflix posts something on facebook instead of making a formal declaration. the sec doesn't like it. all the problems of being a publicly traded company. you are private....
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a lot coming out of defense. these are not long-term structural changes that will put us on a path to a balanced budget. that will not happen. melissa: the other thing that struck me about the graphic when you look at it, the threat from republicans hey, we would rather go over the cliff rather than take the president's deal, to me doesn't look terribly credible when you look at actual numbers. unless you take into perspective we're not really going over for 10 years. but it is just going over the cliff is so focused on raising taxes, on absolutely everybody and spending cuts are really not that impressive in terms of getting, you know, the gap down smaller. they say if you compare it to the white house plan they would rather go over the cliff. i'm not sure that is really credible given those numbers. what do you think?. >> way some republicans not all, growing number of republicans are looking at this, assigning blame to the president, making clear this is the president's plan and they don't have anything to do
a lot coming out of defense. these are not long-term structural changes that will put us on a path to a balanced budget. that will not happen. melissa: the other thing that struck me about the graphic when you look at it, the threat from republicans hey, we would rather go over the cliff rather than take the president's deal, to me doesn't look terribly credible when you look at actual numbers. unless you take into perspective we're not really going over for 10 years. but it is just going over...
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we take itll up with he foundation for defense of democracy here next. stay with us. ♪ lou: breaking news. u.s. officials confirmed that the egyptian authorities have detained a man who has been described variously as, perhaps, an alleged ringleader of an egyptian terrorist network linked to the september 1th attack on the u.s. consulate in benghazi. the united states ambassador and three other americans were killed. also tonight, egyptian president urging national dialogue still, but moving forward with his referendum on an islamist back to constitution. the new york times bureau chief in cairo, david kirkpatrick insting th the muslim brotherhood s not, and i do ," not violent by nature and have come over the last couple of decades, you off me and mor into a moderate conservative but religious moderate regular old political frce. well, joining us now is jonathan chancellor, former counter-terrorism analyst, current vice president of research for the foundation for defense of democracy, and it is good to have you with us. your eaction to kirkpatrick's
we take itll up with he foundation for defense of democracy here next. stay with us. ♪ lou: breaking news. u.s. officials confirmed that the egyptian authorities have detained a man who has been described variously as, perhaps, an alleged ringleader of an egyptian terrorist network linked to the september 1th attack on the u.s. consulate in benghazi. the united states ambassador and three other americans were killed. also tonight, egyptian president urging national dialogue still, but moving...
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i do want to turn to one statement by -- you mentioned defense secretary leon panetta. he sai the united states should have what he called an enduring presence in afghanistan to pursue the counter-terrorism effort, the long war that has become the fhion of the last to the ministrations. your thoughts as we wrap up. >> let me tell you about this enlightened. of warfare, counter insurgency. what is, in fact, we are trading our american military life's with the restrictive rules of engagements in the hope of winning the hearts and minds of the tribal society. this is crazy. your first responsibility is to the protection and safety of your own men and women. lou: admiral, terrific of you to be here, and we appreciate. and i know that many of our forces, is not nely all appreciate what you just said about lon morris. admiral james lyons, thank you. up next, one republican congressman gets a little creative with his reason for backinaway from the anti-tax pledge. coming up next week, we are joined. fox news military analyst with his new book and the former u.s. ambassador to
i do want to turn to one statement by -- you mentioned defense secretary leon panetta. he sai the united states should have what he called an enduring presence in afghanistan to pursue the counter-terrorism effort, the long war that has become the fhion of the last to the ministrations. your thoughts as we wrap up. >> let me tell you about this enlightened. of warfare, counter insurgency. what is, in fact, we are trading our american military life's with the restrictive rules of...
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therapists who are convinced these gentle animals can help tame feuding couples by breaking down emotional defenses and helping heal past traumas. >> because horses are so sensitive, they can help us determine what a couple is actually really feeling. >> walk, walk. go! >> he's telling me that you don't really mean it. >> reporter: so, we came to colorado to follow this couple's last ditch effort to save a scrumabling relationship, using horse therapy. >> we have piled problem on top of problem on top of problem for years, who knows what's at the bottom of that. all by yourself. >> reporter: though never married, justin and lyz are raising two sons. lately, the bickering and fighting got so bad, he reluctantly moved out. but now, he'll try just about anything to make his family whole again. >> first thing we're going to do today is just actually go meet the herd. >> reporter: justin is drawn to the most aggressive horse on the ranch, danny, who came here after surviving a grizzly bear attack. danny isn't fitting in, which hits home for justin, who feels exiled from his own herd. >> i think that lyz
therapists who are convinced these gentle animals can help tame feuding couples by breaking down emotional defenses and helping heal past traumas. >> because horses are so sensitive, they can help us determine what a couple is actually really feeling. >> walk, walk. go! >> he's telling me that you don't really mean it. >> reporter: so, we came to colorado to follow this couple's last ditch effort to save a scrumabling relationship, using horse therapy. >> we have...
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but in mcafee's defense, he probably did kill his neighbor. charles: he could be charlie sheen's friend. that would be a sight to see. thanyou, we will talk to you later. meanwhile, while everyone is worried about the economy plunging over the cliff, it looks like the funding for medical devices has already fallen over the cliff. investors are now pulling the plug. >> they make heart comes and stands and prosthetic devices for returning soldiers. they make devices to work on brain tumors. what is happening is that obamacare, we are finding all sorts of odd taxes that are coming out. now, we are seeing the medical device tax is a big one. bacally, this is a t that will hit the medical industry, and it doesn't hit profits, it hits their sales. charles: the products that keep us alive and help us, by the way, when u say there is not going to be attacks a tax on the middle class, this taxes every person that may ever have to go to a hospital and meet one of thesedevices. >> yes, that's right. 43,000 js cut possibly in this industry. this is an ind
but in mcafee's defense, he probably did kill his neighbor. charles: he could be charlie sheen's friend. that would be a sight to see. thanyou, we will talk to you later. meanwhile, while everyone is worried about the economy plunging over the cliff, it looks like the funding for medical devices has already fallen over the cliff. investors are now pulling the plug. >> they make heart comes and stands and prosthetic devices for returning soldiers. they make devices to work on brain tumors....
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lou: the last line of defense. >> right. and the bacteria makes millions and millions of colonies. it sees this drug and over time will develop resistance. this particular resistance was developed back in 2001, but it has been spreading. they bring it to a nursing home. it is hard to track it. lou: to this point crt has not been found. >> id is not yet in the communities. we saw that. it ended up in the gym. worried about that here. 40 percent. 40 percent. lou: a comparable disease. >> to give you an idea, you don't see that with hiv or tuberculosis. the biggest problem from a business point of view is that the drug companies don't have an incentive to try to find to give the antibiotics to kill this. even giant said use every day. something like this you only would use if you had the deadly bacteria, so it is not profitable for a drug compann to even, but the solution to this problem. they try to mop up they don't have any. no antibiotics out there were all the time against this, and it is going. lou: and there is no drug in the pipeline. >> no drug in the pipeline. you heard me s
lou: the last line of defense. >> right. and the bacteria makes millions and millions of colonies. it sees this drug and over time will develop resistance. this particular resistance was developed back in 2001, but it has been spreading. they bring it to a nursing home. it is hard to track it. lou: to this point crt has not been found. >> id is not yet in the communities. we saw that. it ended up in the gym. worried about that here. 40 percent. 40 percent. lou: a comparable disease....
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we take it a up with the foundati for defense of democracy here next. democracy here next. stay with us. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, buding blocks for the whheart of your portfolio.p. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ lou: breaking news. u.s. officials confirmed that the egyptian authorities have detained a man who has been described vaiously as, perhaps, an alleged ringleader of an egyptian terrorist network linked to the september 11th attack on the u.s. consulate in benghazi. the united states ambassador and three other aericans were killed. also tonight, egyptian president urging national dialogue still, but moving forward with his referendum on
we take it a up with the foundati for defense of democracy here next. democracy here next. stay with us. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, buding blocks for the whheart of your portfolio.p. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which...
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lou: is our shannon pointed out, taking on proposition 8 and the defense of marriage act. it looks like it might be a little broader than we might have expected. >> it could be, but they have narrowed a broad, potentially broad, decision before. you have two swing justices here. the chief justice and, you know, obviously, the other guy that everybody's watching, but i don't think you can predict this one. adam, a really well-respected legal scholars, thinks they would narrow it, and i suspect he's right. lou: going through a lot of trouble, creating controversy and hoopla for just a little thing. you know, it's the day of big issues and little results. >> you got to love it. when it comes to love and marriage, they have the urge to merge on the supreme court, merging them together. we love that. lou: very quickly, the last
lou: is our shannon pointed out, taking on proposition 8 and the defense of marriage act. it looks like it might be a little broader than we might have expected. >> it could be, but they have narrowed a broad, potentially broad, decision before. you have two swing justices here. the chief justice and, you know, obviously, the other guy that everybody's watching, but i don't think you can predict this one. adam, a really well-respected legal scholars, thinks they would narrow it, and i...
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about half of those would be defense. if you look at those million or so defense jobs that are at risk, about half of them are small businesses that would be impacted. they don't get maybe quite the same headlines as utc or north up there grom monday or lockheed martin, some others, but these are companies across the united states that make up aerospace industry association. 200, 300, 400-people companies that are at risk right now. >> david, thank you. appreciate it. >>> if you are a fan of the show "homeland," you are going to lot of true story we have coming up. details of the plan to double america's spy network. >>> and now for our fun fact of the day. on this day in 1931, alka seltzer hit the market. that's 81 years of easing your indigestion and headaches. hallelujah for that. she keeps you guessing. it's part of what you love about her. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more conf
about half of those would be defense. if you look at those million or so defense jobs that are at risk, about half of them are small businesses that would be impacted. they don't get maybe quite the same headlines as utc or north up there grom monday or lockheed martin, some others, but these are companies across the united states that make up aerospace industry association. 200, 300, 400-people companies that are at risk right now. >> david, thank you. appreciate it. >>> if you...
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no, i have not reduced the budget for the defense. but what he has done, melissa is move his green agenda into the, under the defense so we're paying for all this. now, senator mccain and i took this out. we had two changes that we made in the law to keep them from doing that. one was a section that said you can no longer use our readiness dollars to buy all this fuel and all this stuff. and then, we also have had a prohibition against using defense dollars to build refineries. that can be done in the private sector. well on the floor there was an amendment, pretty much down party lines. mark udall had one amendment and hagen had the other one, to kill our efforts, to keep them from using our defense dollars for a green agenda. melissa: does anybody at the white house understand when people are upset having their taxes raised, there are a lot of people out there that want to raise everybody's taxes when you get upset about having your own taxes raised we see ridiculous spending like this going on. if you can't spend my tax dollars res
no, i have not reduced the budget for the defense. but what he has done, melissa is move his green agenda into the, under the defense so we're paying for all this. now, senator mccain and i took this out. we had two changes that we made in the law to keep them from doing that. one was a section that said you can no longer use our readiness dollars to buy all this fuel and all this stuff. and then, we also have had a prohibition against using defense dollars to build refineries. that can be done...
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you have a defense that you have a bleeding defense sector stock. that will obviously be impacted greatly depending on what happens. if you look at lockheed martin over the last six-eight weeks, it really has held its own. it is trading in a fairly narrow range. it is trending near its all-time high. maybe a barometer of what they happen to some of these stocks depending on the fiscal cliff. maybe things will not be so bad. on the other hand, now you have a stock in a completely separate sector. locate gap stores. all of a sudden end of last week, we saw this huge drop. the stock down about 15%. liz: what is it about gap at this point? >> >> it has been on such a great rally. i think there is some sentiment that because they did not announce any sort of forward diviiend that some of the investors are disappointed. with this thursday coming out with november retail sales data, people are thinking it is maybe not so good much like people are saying at apple that people are taking money off the table, that may be the same story with gap. liz: one story
you have a defense that you have a bleeding defense sector stock. that will obviously be impacted greatly depending on what happens. if you look at lockheed martin over the last six-eight weeks, it really has held its own. it is trading in a fairly narrow range. it is trending near its all-time high. maybe a barometer of what they happen to some of these stocks depending on the fiscal cliff. maybe things will not be so bad. on the other hand, now you have a stock in a completely separate...
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and a defense contractor, posted higher profits. better than expected. maker of tommy bahama and lilly pulitzer brands. and disappointing, down you go, 12% down there and then facebook, joining nasdaq 100 one week from today. it's down 13, but it's at 27 now. work hard, all your life and build up an estate and leave it to your kids, and like to. the government takes, and attorneys say what to do to avoid it. first, christmas music from mark stein, i don't know why my picture is up there. that's mark stein and he's singing, not me. ♪ male announcer ] at scottrade, you won't just find us online you'll also find us in person, with dedicated support teams at over 500 brancs nationwide. so when you call or visit, you can ask for a name you know. because personal service startwith a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >> detroit, we're told, is on the verge of bankruptcy, but one member of the city
and a defense contractor, posted higher profits. better than expected. maker of tommy bahama and lilly pulitzer brands. and disappointing, down you go, 12% down there and then facebook, joining nasdaq 100 one week from today. it's down 13, but it's at 27 now. work hard, all your life and build up an estate and leave it to your kids, and like to. the government takes, and attorneys say what to do to avoid it. first, christmas music from mark stein, i don't know why my picture is up there. that's...
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he can turn and say to my want to restore some ofhis funding that my secretary of defense and joint chiefs of staff told me i need to restore and can position himself as sort of the protector of u.s. national security. so there are some clear incentives to the president to lead the country over the fiscal cliff. do i think that's what he wants? probably not, but do i think there are incentives for him to do it temecula. gerri: never looked at it that way. as you look at this debate on going, there are a lot of folks who say we will be frting with recession or in recession if we do go over the cliff. do you agee? >> that happens only if wego off the cliff and stay off for an extended amount of time. to we don't go into recession just because we don't have a resolution on janua the first. it's a question of whether we have no resolution at that time but it seems that it's likely to a come within a short time. the longer we go into january with no resolution the more likely that we do go off the iff into recession. gerri: the broader conern is if we confined in the ground. great to have you o
he can turn and say to my want to restore some ofhis funding that my secretary of defense and joint chiefs of staff told me i need to restore and can position himself as sort of the protector of u.s. national security. so there are some clear incentives to the president to lead the country over the fiscal cliff. do i think that's what he wants? probably not, but do i think there are incentives for him to do it temecula. gerri: never looked at it that way. as you look at this debate on going,...
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>> no, i don't ever think that it's wise to keep your mouth shut because i think truth is a defense. and it's unfortunate if in fact the case he has been punished either by the consumer or investors for that matter speaking out personally or politically. but here's the reality of the battlefield. nothing's changed post-election as opposed to pre-election. the, uncertainty of the tax situation, the fiscal cliff that everyone is tired of hearing about frankly. the overburdensome regulatory environment that we're in is depressing growth, particularly for small business. and i think that's a primary distinction here as we talk about business itself because all business is not created equal. and the president's jobs council who has some wonderful folks, some friends of mind on it, wholly inefficient in my view because there is no representation from small business on that jobs council. melissa: catherine, let me ask you, what i look what happened with the case in darden, it seems like what happened to a bunch of different companies, my take at the end of the day, for sure they're not goin
>> no, i don't ever think that it's wise to keep your mouth shut because i think truth is a defense. and it's unfortunate if in fact the case he has been punished either by the consumer or investors for that matter speaking out personally or politically. but here's the reality of the battlefield. nothing's changed post-election as opposed to pre-election. the, uncertainty of the tax situation, the fiscal cliff that everyone is tired of hearing about frankly. the overburdensome regulatory...
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the defense department says a navy s.e.a.l. is killed during an early morning rescue of a doctor in afghanistan. a jet disappeared from radar near monterey california. the associated press is told the wreckage of the plane is found and there is are no survivors. back to "caught on camera." >> imagine the thrill of going along at high speeds, burning around the buoy when all of the sudden, watch out! you go flying into the water. [ scream ] >> it looks like i'm doing a backwards choreographed dive. >> terry and david have been together for nearly two decades and they're both at home on the water. >> probably in my life i've owned 10 or 12 or 13 kboets. >> i've driven pleasure boats plenty of times. >> in the mid 1990s clay has an idea for the two of them to try their hand at offshore power boat racing. he will steer the boat and she will make sure they don't get lost. >> he said, i need to you navigate. >> so basically, all i have to do is hold on? he said yes. i said, i can do that. >> the pair purchased the first power boat an
the defense department says a navy s.e.a.l. is killed during an early morning rescue of a doctor in afghanistan. a jet disappeared from radar near monterey california. the associated press is told the wreckage of the plane is found and there is are no survivors. back to "caught on camera." >> imagine the thrill of going along at high speeds, burning around the buoy when all of the sudden, watch out! you go flying into the water. [ scream ] >> it looks like i'm doing a...
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he wants less defense spending. he gets that by going off the cliff, and he wants the republican brand damaged which he gets by going over the cliff. what incentive does he have to sit down and negotiate? none. lou: why is the republican party throwing over reagan omics, free enterprise, growth, individual freedom, smaller government, you know, and lower taxes over this? are you kidding me? the republican leadership is also incentivized just as well as the president as you know, congressman, and they will get twice -- get spending cuts, sequestering goes into effect. you're going to see, obviously, domestic and defense budgets cut, but you'll see a tax increase here, but the fact is you get nothing if you don't do the fiscal cliff. >> well, among my many limitation is the inability to read other people's minds. i don't know what spaker boehner's thinking, but i know what he tells us in conference and private. lou: you can speak freely here. >> well, spiker boehner believes and convinced me he's negotiating with hims
he wants less defense spending. he gets that by going off the cliff, and he wants the republican brand damaged which he gets by going over the cliff. what incentive does he have to sit down and negotiate? none. lou: why is the republican party throwing over reagan omics, free enterprise, growth, individual freedom, smaller government, you know, and lower taxes over this? are you kidding me? the republican leadership is also incentivized just as well as the president as you know, congressman,...
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. >> -- a trip mall casino shootout and an unusual defense for a stick-up. >> i never think that i was going to have to defend myself. >> -- when "caught on camera: in the act" continues. we use this board to compare car insurance rates side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [ grunting ] often comes with a set of equally impressive instructions ? shouldn't something that's truly advanced, not need much explanation at all ? with the nokia lumia 822 on verizon, there's not much to learn because it's powered by windows... to let you do more than you ever imagined on your smartphone. exclusively with data sense-- a feature that makes the most of your plan. only on verizon. >>> two armed men burst into a strip mall casino to steal cash. >> i heard one distinctive pop and i knew it was a firearm being shot off. >> but a secu
. >> -- a trip mall casino shootout and an unusual defense for a stick-up. >> i never think that i was going to have to defend myself. >> -- when "caught on camera: in the act" continues. we use this board to compare car insurance rates side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard...
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there is obviously a lot of defense spending as well. tracy: a really cool study. thank you for taking the time and staying up with us and monday. >> no problem. thank you, tracy. ashley: big bad shining rightly. with all the excitement over duchess kates pregnancy, i know tracy is on the edge of her seat. a couple of djs decided to try their luck on getting some insider information on kates condition by impersonating the queen spirit hello, i am just asking about my grand on. her daughter kate. >> she is getting some fluids to rehydrate her. she is stable at the moment. >> okay. [ laughter ] ashley: that is the worst impersonation. the hospital admitted, guess what, they call the whole thing deplorable. the radio station apologizing for calling any issues. the host said that expected to be hauled off on after the hospital toward their terrible british accents. it was not good at all, but they got through. tracy: we have a dow that is up 115 points. we will hand this off to liz claman. she will take you through the last hour of trading. she is talking dividends and
there is obviously a lot of defense spending as well. tracy: a really cool study. thank you for taking the time and staying up with us and monday. >> no problem. thank you, tracy. ashley: big bad shining rightly. with all the excitement over duchess kates pregnancy, i know tracy is on the edge of her seat. a couple of djs decided to try their luck on getting some insider information on kates condition by impersonating the queen spirit hello, i am just asking about my grand on. her...
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so all these jobs coming up, state, defense, cia, all will need to be confirmed by the senate and will be announced maybe at once and before christmas. maybe this is the time to have the debate about the way our national security is run. the debate we did not necessarily have before we started making big fundamental changes to that system that mostly just still get discussed behind closed doors. joining us now is senator claire mccaskill, chair of the support subcommittee. thank you for being here. >> it's great to be here. >> you and i have had a lot of interesting conversations over the years about national security. in part, because we have some differences of opinion on it. did i say anything that struck you as a misstatement of the facts? >> it's important to point out that the enemy of today is a much different enemy than the enemy that our country worried about when we were very young, during my parent's generation and their parent's generation. this is an enemy that's all over the world. they have the ability to strike at us as we saw on 9/11. so the necessity that our governme
so all these jobs coming up, state, defense, cia, all will need to be confirmed by the senate and will be announced maybe at once and before christmas. maybe this is the time to have the debate about the way our national security is run. the debate we did not necessarily have before we started making big fundamental changes to that system that mostly just still get discussed behind closed doors. joining us now is senator claire mccaskill, chair of the support subcommittee. thank you for being...
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he hatched defense. >> we've got to take a break. guys, stay there. by the way, don't forget, bill clinton had newt gingrich and they were a big part of it. actually, clinton sat down with gingrich. i don't see # i don't see that happening here. governor palin said to the republican leadership don't be a bunch of wusses. while president obama spent a lot of time golfing once again this weekend and going back to his mansion of 54 christmas trees, many residentses in the northeast are still left with no place to call home in the wake of the superstorm sandy. mr. president, where is all that help you promised? [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just rig
he hatched defense. >> we've got to take a break. guys, stay there. by the way, don't forget, bill clinton had newt gingrich and they were a big part of it. actually, clinton sat down with gingrich. i don't see # i don't see that happening here. governor palin said to the republican leadership don't be a bunch of wusses. while president obama spent a lot of time golfing once again this weekend and going back to his mansion of 54 christmas trees, many residentses in the northeast are still...
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lou: are you surprised that we are sending patriot missilee and defense systems to the turks? >> no. in fact of this has been hanging fire for some months. the one to make sure they have some means of protecting themselves, not simply from rockets coming in from syria, but they want to protect themselves from what the iranians are building with the help, of course. lou: and we can talk forever about the turkey and the relationship that is emerging there, but i want to talk your, as we wrap up, about this new book. oliver north, heroes proof. set in the future in which you imagine issues that, well, frankly, are taking place today. >> twenty years from now, and i did not have any idea that the terror attack that killed americans would be wise about by an administration r that israel would face the existential threat that it does today. those kinds of things are in this book. of course, hopefully, a brighter future for america when we realize was really happening, the second amendment being denied by the united nations kamal things that this administration is doing in this book.
lou: are you surprised that we are sending patriot missilee and defense systems to the turks? >> no. in fact of this has been hanging fire for some months. the one to make sure they have some means of protecting themselves, not simply from rockets coming in from syria, but they want to protect themselves from what the iranians are building with the help, of course. lou: and we can talk forever about the turkey and the relationship that is emerging there, but i want to talk your, as we...
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i don't like one of the defensive line guys that gets fired by the eagles. does he get to fly back from texas? we would fire these guys where they are, when they are on vacation. no. they get to take vacation without finishing their project. >> a couple good poll numbers out today. abc/"the washington post" if we went off people would blame gop by two to one margin and then the pew poll. 49% do not believe a deal will be reached. 40% say a deal will be reached. >> i just know that if you're a republican, there's a primary. if you are going to run in that primary going forward, you'll have no problem provided you pledge to norquist not to raise taxes and you don't. these guys don't worry about primaries. they don't care about what the republicans -- they don't even think themselves as republicans. they think of themselves as anti-tax people. and they feel they pledged to their constituents that they're won't be any tax. that's all they care about. >> they're $800 billion plus into a deal. >> i guess the gap has been -- >> right. it's been narrowed. >> every o
i don't like one of the defensive line guys that gets fired by the eagles. does he get to fly back from texas? we would fire these guys where they are, when they are on vacation. no. they get to take vacation without finishing their project. >> a couple good poll numbers out today. abc/"the washington post" if we went off people would blame gop by two to one margin and then the pew poll. 49% do not believe a deal will be reached. 40% say a deal will be reached. >> i just...
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but the defense of marriage act is under review, will be under review by the high court. what we heard yesterday is probably not until march. at least they have agreed to hear it. that's hopeful. >> all right. 35 years together and married. congratulations. we appreciate your time. >>> some critics say the environmental protection agency should go away. we talk to the head lisa jackson. that interview is up next. >> we should regulate smartly and shouldn't be on pressive. we should be smart about it, but we shouldn't go away. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. yes, it is. it's part of what you slove about her.essing. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily
but the defense of marriage act is under review, will be under review by the high court. what we heard yesterday is probably not until march. at least they have agreed to hear it. that's hopeful. >> all right. 35 years together and married. congratulations. we appreciate your time. >>> some critics say the environmental protection agency should go away. we talk to the head lisa jackson. that interview is up next. >> we should regulate smartly and shouldn't be on pressive....
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my defense to him was telling him that i was in the area. i was just pushed out of the way as the inmate was trying to get away from the person who assaulted him. >> extra precautions have been taken to move bullock from his cellblock to the area of the prison where his hearing will take place. >> your number? >> 747686. >> the notice is from lieutenant collins. he cites violations 2, 11, 23, 27, 43 and 9. on april 8th, at 10:30 account allen was assaulted in area b. i determined that inmate bullock assaulted allen with a weapon and it was used in the assault. allen sustained injuries to his head above the right eye and required stitches and broke his right hand trying to block the weapon that required a cast. i have here the photos of the scene of the incident that i will share with you. also before me i have a sock with the padlock inside. >> i didn't have nothing to do with the assault. when the assault took place, i was in the stairs and the inmate ran by me. mistaken by somebody, me being pushed aside when he was running, they thought h
my defense to him was telling him that i was in the area. i was just pushed out of the way as the inmate was trying to get away from the person who assaulted him. >> extra precautions have been taken to move bullock from his cellblock to the area of the prison where his hearing will take place. >> your number? >> 747686. >> the notice is from lieutenant collins. he cites violations 2, 11, 23, 27, 43 and 9. on april 8th, at 10:30 account allen was assaulted in area b. i...
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at least under the fiscal cliff we have some mandatory cut, albeit us proportionately to defense spending. but it's better than accepting obama's terms crammed down our throat. boehner needs to get a told of this pr machine and paint obama as the one who is holding the country hostage. he wants to talk about holding the middle class hostage. no, it's him holding the entire country hostage and our kids hostage to his reckless spending and cynical refusal to enter the entitlement reform game. >> i don't even want to hear more about taxes. juan, shaking your head. >> i hear you, gentlemen. you guys are wonderful. merry christmas. but sean you said hyperpartisanship, and david talks about inflexibility. you know, and i'm thinking to myself, gee, where have i seen this before? i see it on the republican side, and i think most of the american people when you look he about policy, i'm not just -- >> tell me where obama is giving in this debate at all. he said he wanted to find a middle ground. where has he reached out to republicans? can you tell me. >> sure, i'm going to do it on your terms. he
at least under the fiscal cliff we have some mandatory cut, albeit us proportionately to defense spending. but it's better than accepting obama's terms crammed down our throat. boehner needs to get a told of this pr machine and paint obama as the one who is holding the country hostage. he wants to talk about holding the middle class hostage. no, it's him holding the entire country hostage and our kids hostage to his reckless spending and cynical refusal to enter the entitlement reform game....
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he hatched defense. >> we've got to take a break. guys, stay there. by the way, don't forget, bill clinton had newt gingrich and they were a big part of it. actually, clinton sat down with gingrich. i don't see # i don't see that happening here. governor palin said to the republican leadership don't be a bunch of wusses. while president obama spent a lot of time golfing once again this weekend and going back to his mansion of 54 christmas trees, many residentses in the northeast are still left with no place to call home in the wake of the superstorm sandy. mr. president, where is all that help you promised? you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ ♪ you can stay in and like something... ♪ [ car al
he hatched defense. >> we've got to take a break. guys, stay there. by the way, don't forget, bill clinton had newt gingrich and they were a big part of it. actually, clinton sat down with gingrich. i don't see # i don't see that happening here. governor palin said to the republican leadership don't be a bunch of wusses. while president obama spent a lot of time golfing once again this weekend and going back to his mansion of 54 christmas trees, many residentses in the northeast are still...
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there are no fewer than ten cases arising from the federal defense marriage act. california's proposition 8. they made their way to the high court's doorstep. at least one -- at least one, is kind of likely to get on the docket. sooner rather than later. while we wait, the best person to talk about that is cnn's senior legal analyst jeffrey toobin who literally wrote the book, or a couple of them, on the supreme court. i was talking to you last friday. i was talking to you monday. you are back for another friday. are they going to make me wait again for another day? are or are we going to get something today? >> those that know don't tell and those that tell don't know. that's the rule with the supreme court. it seems likely we will hear if not today then very soon. also, we should hear that they are going to take the case. remember, two federal appeals courts have now declared the -- >> when you say the case -- >> the defense of marriage act. proposition 8 is a very separate matter. when a federal appeals court declares an act of congress unconstitutional the sup
there are no fewer than ten cases arising from the federal defense marriage act. california's proposition 8. they made their way to the high court's doorstep. at least one -- at least one, is kind of likely to get on the docket. sooner rather than later. while we wait, the best person to talk about that is cnn's senior legal analyst jeffrey toobin who literally wrote the book, or a couple of them, on the supreme court. i was talking to you last friday. i was talking to you monday. you are back...
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that those defenses from within are weakening. >> mike, the president and speaker boehner apparently did have a telephone conversation last night. are we inching closer to a deal or is that too much of a grown-up christmas wish? >> it's really impossible to say. i think most people in this town would say if it were up to john boehner, he would cut the deal. there are a lot of indications of softening of positions from within republican ranks. i myself am not entirely convinced. i thin there are going to be a lot of hard core bitter enders, if you like, who are not going to vote for a tax increase under any circumstances within the house gop conference, and it could be a very ugly fight within the gop. so the fact that neither side is telling us anything, jay carney today 23r from the podium would not characterize it other than to confirm it took place. kind of ironic, people were taking that as a positive sign. >> mike viqueira delivering depressing news with a smile on his face. thank you, sir. stay with us. the day's "top lines" are coming up. [ male announcer ] it's that time of y
that those defenses from within are weakening. >> mike, the president and speaker boehner apparently did have a telephone conversation last night. are we inching closer to a deal or is that too much of a grown-up christmas wish? >> it's really impossible to say. i think most people in this town would say if it were up to john boehner, he would cut the deal. there are a lot of indications of softening of positions from within republican ranks. i myself am not entirely convinced. i...